State Street Fixed Income Trader relocates to Australia

State Street Corporation has announced the appointment of Robin Kidman as a fixed income lending trader within its Securities Finance team in Asia-Pacific.

In this newly-created role, Kidman will be responsible for increasing State Street's fixed income securities finance program in the region.

Having worked for State Street for the past 15 years, Kidman has relocated to Sydney from the firm's London office where he was vice-president, fixed income securities finance EMEA.

At State Street, he has been responsible for managing the lending of government and corporate fixed income to repo and financing markets in EMEA. Before joining State Street, he was a fixed income analyst at Thomson Reuters and GFI.

Commenting on his appointment at State Street, head of securities finance Jansen Chua said: "Regulatory changes such as Basel III have driven financial institutions to look carefully at their sources of funding. We continue to see increased demand for high-quality liquid assets and strong growth in the balance of fixed income securities on loan in the Asia Pacific region. Robin has extensive knowledge of the fixed income and financing markets and his expertise and experience will be of great benefit for our securities finance clients in the region."